Modu, the tiny 40.1 grams mobile device will hit the market in a month time, if there will be no more delays.
Today, Israeli newspaper published more information about Modu’s investors and that modu has approximately raised 85-95 million dollars with a recent post round 10 Million investment from a European investor.
But all of this pales to the next item: a new modu based on a touch screen is under development and in 8 months, the development will be over.

             The New Modu?(updated)

When the Modu was first announced it seemed that it will revolutionize the mobile market, or at less will create a new form factor of mobile device, rather than the standard ones.
The main concept was that the cheap modu device will be the heart of a simple phone and the jackets will turn it to a feature phone. Time went by, we learnt that the cheap device will not be so cheap, it will not have a 3G connectivity, and that operator after operator delayed or cancelled the launch of the device.
When most of the world is becoming more “smart” Modu will be the ultimate feature phone that can be changed from a music beast to a sms machine for just 25-100 dollars, the 2.5G chip can prove my point.
Now, It seems like they start to change their strategy. Now, that’s not what the guys at Modu think, touch screen is the next modu(le). So it is not so simple anymore.

That is all nice and modern but what will happen to the “old” modu, the device that will be sold in less than 30 days?
Who will buy  a device when a new model is waiting at the corner, moreover will the “old” jackets be supported by the new Modu?
The consumers (and us) will ask those questions before buying the device, we hope Modu thought about it as well and will have the answers.

Update: Engadget posted a picture of (as it seems) the new Modu device